Sam Bankman-Fried wants to see indictment before extradition to US: Report

Former FTX main enforcement serviceman Sam Bankman-Fried, who is presently facing aggregate charges related to ligament fraud and securities fraud, reportedly said helium wanted to spot the indictment against him earlier agreeing to extradition to the United States.

Appearing successful an exigency proceeding of the Bahamas Magistrate Court connected Dec. 19 for the archetypal clip since his bail was denied, Bankman-Fried reportedly said helium was consenting to not combat the process required for extradition to the United States but wanted to spot each the charges against him. He spent the past week successful the Bahamas’ Fox Hill Prison, a installation with antecedently reported cases of carnal abuse against prisoners and “harsh” conditions.

Some members of the crypto space, including the squad behind YouTuber Ben Armstrong, besides known arsenic Bitboy Crypto, reported connected Twitter they appeared successful idiosyncratic astatine the proceeding to “look SBF successful the eyes.”

We ready. About to spell in. Guess who is successful beforehand of the line? Finally getting to look @SBF_FTX successful the eyes this morning. pic.twitter.com/TtdYXZiUnD

— Ben Armstrong (@Bitboy_Crypto) December 19, 2022

In the United States, Bankman-Fried faces charges from the Justice Department, Commodity Futures Trading Commission, and Securities and Exchange Commission related to defrauding investors and lenders. Under his leadership, FTX and associated individuals besides made millions successful donations to governmental candidates, allegedly violating run concern laws.

It’s unclear wherefore the erstwhile FTX CEO whitethorn not combat extradition — if recovered blameworthy of each charges, reports suggest helium could look a 115-year sentence. He was returned to the the Bahamas Department of Corrections' custody pursuing the hearing, wherever helium was expected to remain until Feb. 8.

Related: Democrats to reportedly instrumentality implicit $1M of SBF's backing to FTX victims

Officials successful the Bahamas arrested Bankman-Fried connected Dec. 12 conscionable hours aft helium had conducted a bid of online interviews arsenic part of the erstwhile CEO’s apology tour related to the illness of FTX. Authorities reported SBF was primitively sent to the prison’s infirmary helping — presumably arsenic portion of efforts to administer his medication, including Adderall and antidepressants.